After FIS followed its rival, Fiserv, in mega-mergers, Mike Massaro, CEO of Flywire, argues that payment giants need to buy up or risk losing market presence.

Elsewhere, following the news that nearly 25% of SMEs fail to double-check their payments or report problems to authorities, David Divitt, vice president of financial crime product management at Vocalink, contests that serious change is needed.

In other news, Modulr CEO, Myles Stephenson, warns SMEs that lack of technology adoption puts security and data at risk.